Just one more question referring to the case mentioned above.
I am just concerned about the house that she lives in now with my child.
The other properties do not really matter.
Somehow, if the trustee reversed the transfer, can they force my ex-wife to sell the house, so they can take the 1/2 that I own.
What are my options?
Before, the divorce, New York house, which is her main house, was a 50/50 ownership.
The bankruptcy filing will be in Pennsylvania.
I am just concerned since my bankruptcy filing is only 1-2 months from the property transfer.
Also, we had a quick divorce with no lawyers involved.
We just paid someone to do the court filing for us.
We just wrote down what we would accept on the settlement.
I mainly wanted my business, which I had for almost 14 years.
It looks so bad on paper.
My website business dropped alot due to the Google algorithm upgrade during the middle of the year.
Regarding the divorce settlement, in terms of equity on the properties, I got more then her based on the purchase price less the debt of the 7 properties.
But, I did get more debt also due to the mortgages.